Entries by Nicholas Baum

How Sri Lanka’s Attempt at Modern Monetary Theory Went Horribly Sideways

Estimated Reading Time: 5 minutes

Editors’ Note: One of the first major book reviews undertaken at the Prickly Pear, was a critical assessment of Modern Monetary Theory, which we found not really modern and hardly a theory. It is just a clever academic excuse for the old principle of the government paying for its expenses by printing excessive quantities of […]

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